Overview
What is Citysquare Housing?
Citysquare Housing is a nonprofit organization situated in Dallas, Texas, specifically at 511 N Akard Street 302. Their primary mission is to enrich communities and create economic opportunities by constructing affordable workforce housing and permanent supportive housing for the previously homeless. They currently manage 583 housing units, which includes 50 units dedicated to providing shelter for the homeless. Their team comprises four dedicated individuals, committed to improving livelihoods and fostering growth in Dallas, Texas.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (54%)
Citysquare Housing has received a low rating of 54% from Charity Navigator, which signifies room for improvement in various aspects of its operations. The accountability and finance score reflects significant deficiencies, particularly in governance practices, such as having a low percentage of independent board members. This raises concerns about potential conflicts of interest and the overall independence of the organization’s oversight.
The organization does demonstrate strengths in certain areas, such as the absence of material diversion of assets and a favorable liabilities to assets ratio. However, the lack of essential policies, including conflict of interest and whistleblower policies, alongside missing documents like its tax form on its website, highlights significant gaps in transparency and accountability. These factors may hinder trust and confidence from potential donors and stakeholders.
Overall, while Citysquare Housing engages in meaningful work, the identified weaknesses in governance and transparency are critical issues that need to be addressed to enhance its credibility and impact. Prospective supporters should consider these aspects and the overall low rating when deciding to engage with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Citysquare Housing legitimate?
Citysquare Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citysquare Housing submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $432,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Citysquare Housing?
Citysquare Housing's mission is centered around enhancing communities and establishing economic opportunities. This is achieved by developing affordable workforce housing and permanent supportive housing for the formerly homeless. By doing so, the organization aims to provide a stable living environment and foster economic growth. The primary goal is to contribute positively to the community, offering opportunities for individuals who have previously experienced homelessness. Citysquare Housing has demonstrated this commitment by operating 583 affordable housing units, including 50 units specifically designed for the homeless population.
Who is the CEO of Citysquare Housing?
Jamie Zachary is the Board Member of Citysquare Housing.
What is the revenue of Citysquare Housing?
Citysquare Housing's revenue in 2022 was $2,778,452.
Who are the executives of Citysquare Housing and what are their salaries?
The average compensation at Citysquare Housing during 2022 was $108,118. There are 4 employees at Citysquare Housing.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $22,160
- Other: $0
- Compensation: $0
- Related: $63,938
- Other: $0
- Compensation: $0
- Related: $103,397
- Other: $0
- Compensation: $188,475
- Related: $3,150
- Other: $0
- Compensation: $0
- Related: $128,171
- Other: $0
- Compensation: $67,500
- Related: $0
- Other: $0
Where can I find the form 990 for Citysquare Housing?
Citysquare Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Citysquare Housing
Citysquare Housing, a nonprofit organization, is committed to enhancing communities and establishing economic opportunities in unspecified locations, primarily focusing on Dallas, Texas. They achieve this mission through the development of two types of housing: affordable workforce housing and permanent supportive housing for the formerly homeless. By providing these housing options, Citysquare Housing aims to contribute positively to the community and create opportunities for those who have previously experienced homelessness. As of the provided information, the organization has successfully operated 583 affordable housing units, including 50 units specifically for the homeless.
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Impact
July, 2024
Citysquare Housing's impact is seen in the enhancement of communities and the establishment of economic opportunities in Dallas, Texas. They achieve this by developing affordable workforce housing and permanent supportive housing for the formerly homeless. This organization has operated 583 affordable housing units, including 50 homeless housing units in Dallas, Texas. Through their efforts, they are making a significant difference in providing stable housing options for individuals in need and contributing to the improvement of communities in Dallas.
This information is meant to be a general summary of Citysquare Housing. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $42,600
- Program Service Revenue: $681,872
- Gross Receipts: $2,778,452
Assets and Liabilities:
- Total Assets: $11,287,781
- Total Liabilities: $4,450,019
- Net Assets: $6,837,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING RENT
Revenue
$587,932
AFFORDABLE HOUSING FEE
Revenue
$93,940
Organization Details
Founding Year
2001
Phone
(405) 823-0921Principal Officer
Jamie Zachary
Main Address
511 N AKARD STREET 302, DALLAS, TX, 75201
NTEE Category
Code: S30 - Community improvement
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